A future Contract is an agreement between two parties to BUY or SELL an underlying asset, including stocks, indices,commoditities or currency, at a certain time in the future at a certain price. Futures contracts are standardized and are traded on the exchange. To facilitate liquidity in futures contracts, the exchange defines certain standard specifications for … Read More »
FII’s bought 6.6 K contract of Index Future worth 437 cores ,6.2 K Long contract were added by FII’s and 0.03 K short contracts were liquidated by FII’s. Net Open Interest increased by 5.8 K contract, so today’s fall in market was used by FII’s to enter long and exit shorts in Index futures.Four Multi-Millionaire Traders… Read More »
As discussed in last analysis Supply zone towards the 16758 which was gann resistance line also, and was unable to close above it. Closing above 16758 is important for next round of upove towards 16900/17000, else we can revisit 16573 again. Bank Nifty was unable to cross 16758 and made exact low of 16573 as… Read More »
“The key is consistency and discipline,” says Richard Dennis who grew $400 into $200,000,000. “The key is consistency and discipline. I don’t think anybody winds up making money in this business because they started out lucky.” For legendary trader Richard Dennis, the importance of being consistent isn’t just theory. In 1984, on a bet, Dennis… Read More »
KSCL Positional/Swing Traders can use the below mentioned levels Close below 379 target 366 Intraday Traders can use the below mentioned levels Buy above 383 Tgt 386,390 and 393 SL 381 Sell below 378.4 Tgt 375.2,371 and 368 SL 381 Kotak Bank Positional/Swing Traders can use the below mentioned levels Close below 692 target… Read More »
FII’s sold 9.7 K contract of Index Future worth 525 cores ,13.3 K Long contract were liquidated by FII’s and 3.6 K short contracts were liquidated by FII’s. Net Open Interest decreased by 17 K contract, so today’s rise in market was used by FII’s to exit long and exit shorts in Index futures. How to… Read More »
As discussed in last analysis Bank Nifty bounced as we have discussed and closed just above the new demand zone of 16573, Holding the same we can see move towards 16578 and 16880. These are 2 levels we have gann resistance also as shown in 2 chart. Support is at 16286/16024. Bank Nifty opened gap… Read More »
DISH TV Positional/Swing Traders can use the below mentioned levels Close above 94 target 97/101 Intraday Traders can use the below mentioned levels Buy above 94 Tgt 95,96.5 and 98 SL 93.5 Sell below 93 Tgt 92,90.5 and 89 SL 93.5 SKS Micro Positional/Swing Traders can use the below mentioned levels Close below 466… Read More »
FII’s bought 1.8 K contract of Index Future worth 91 cores ,4.1 K Long contract were liquidated by FII’s and 6 K short contracts were liquidated by FII’s. Net Open Interest decreased by 10.2 K contract, so today’s rise in market was used by FII’s to exit long and exit shorts in Index futures. How to… Read More »
As discussed in last analysis Bank Nifty again went near the new demand zone quickly recovered all the looses, closed well above the new demand zone of 16286. Bulls can push prices towards 16573/16758, strong support exits near the gann green arc as shown in second chart, closing above the gann line @16580 can push… Read More »